Arvest True Rate™ Credit Card Terms & Conditions

Information accurate as of July 27, 2020

Here you will find current information for Arvest True Rate™ Credit Card accounts. This information about the costs of the card described in this page is accurate as of the date above, and this information may have changed after that date. To find out what may have changed, call us at (800) 356-8085 or write to us at PO Box 6139, Norman, OK 73070.

Interest Rates and Interest Charges

Annual Percentage Rate (APR) for Purchases 0% introductory APR for 12 billing cycles from date of account opening. After that, your APR will be 9.24% - 18.24% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
Annual Percentage Rate (APR) for Balance Transfers 0% introductory APR for 12 billing cycles from date of account opening. After that, your APR will be 9.24% - 18.24% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
Annual Percentage Rate (APR) for Cash Advances 24.99%
This APR will vary with the market based on the Prime Rate.
Penalty APR and When It Applies None
How to Avoid Paying Interest on Purchases Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date.
Minimum Interest Charge None
For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at www.consumerfinance.gov/learnmore.


Fees

Annual Fee None
Balance Transfer Fee

Either $10 or 3% of the amount of each balance transfer, whichever is greater.

Cash Advance Fee

Either $4 or 4% of the amount of each cash advance, whichever is greater.

Foreign Transaction Fee

3% of each transaction in U.S. dollars.

Late Payment Fee

$25

Returned Payment Fee

$25

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See your Cardholder Agreement for more details. To receive a copy of your cardholder agreement, please call us at (800) 356-8085 or write to us at PO Box 6139, Norman, OK 73070.

Balance Transfer: Minimum balance transfer amount is $250 per transfer.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your cardholder agreement.